Fannie Mae Weekly Yield for August 1, 2014
-
Katherine Constantinou
-
202-752-5403
WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for August 1, 2014. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.
Fixed-rate Mortgage Yields |
||||||
Conventional |
Current |
Week Ago |
Year Ago |
|||
15-year FRM |
2.850 |
2.780 |
2.970 |
|||
30-year FRM |
3.860 |
3.810 |
3.960 |
|||
FHA/VA (30-year FRM) |
4.490 |
4.440 |
4.550 |
(30-day mandatory delivery for actual/actual remittances; 10-, 60-, and 90-day yields also are available.)
Adjustable-rate Mortgage (30-year term) Yields |
||||||
Adjustment Period (year) |
Interest Rate Caps Per Adj. |
Interest Rate Caps Lifetime |
Current |
Week Ago |
Year Ago |
Net Margin |
1* |
2% |
6% |
1.740 |
1.670 |
1.610 |
2.250% |
*Rate reduction
Lower yields are available for 15-year term ARMs.
Historical LIBOR Index Rates are available at: https://www.fanniemae.com/content/pricing/arm-index-values-fannie-mae-libor.pdf
Fannie Mae enables people to buy, refinance, or rent a home.Visit us at: https://www.fanniemae.com/progress.
Follow us on Twitter: https://twitter.com/FannieMae.